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THE PACIFIC CABLE.

RESULTS FOR THE YEAR.

By Seloerapli—Press Association—CopyrißlA Melbourne, September 29. Pot the year ended March 31; the profits on the working of tlio Pacific cable were >£17,956. : On account of an annuity-pay-ment of .£77,544, there was a deficit of .£45,588, of which Australia's share' was *£19,863, Britain's and Canada's each, and New Zealand's .£6714. : ' The president's report makes special reference to the ■' - with ; . the Canadian Pacific - Railway Company for a five years' lease, of the land line across Canada, the use of which it i 3 claimed will obviate the: risk of delay from congestion' of work' and diminish ' greatly tho ~tisk of errors in transmission. ■'

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19100930.2.52

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 4, Issue 935, 30 September 1910, Page 5

Word count
Tapeke kupu
109

THE PACIFIC CABLE. Dominion, Volume 4, Issue 935, 30 September 1910, Page 5

THE PACIFIC CABLE. Dominion, Volume 4, Issue 935, 30 September 1910, Page 5

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